Tax Treatment of Capital Gains on various Investments: Crypto Currency, Share Trading, Managed Funds, CFD trading such as- Forex, Crude Oil etc, Sale of Rental Property ( Investment Property)

We get bombarded with questions in relation to capital gains on variousinvestments. It is surprising that although many of these investmentinstruments look similar, but their tax treatment’s may be different. Also, insome cases they may not be subject to capital gains tax but fall under theregime of business income.Due to the complexity in their nature […]

Teacher Tax Return and Deduction Checklist

It’s that time of year again when you have to start thinking about your taxes and what deductions you can take as a teacher. Teachers do an incredible job educating our children day in and day out, but when it comes to their own taxes, they often need a little help.  Just like other professionals,[…..]

All About R&D Tax Incentive

The R&D tax incentive is a program administered by the Australian Taxation Office (ATO). It encourages businesses to invest in research and development (R&D) activities. The incentive provides a tax offset of eligible R&D expenditure. To be eligible for the R&D tax incentive, your business must: Carry on an eligible R&D activity Expend money on[…..]

Cleaning Business Tax Returns and Deduction

Are you in the cleaning business? Did you know that there are quite a number of tax deductions that you should include in your tax returns? Cleaning jobs are quite demanding and for most cleaners, they do not even have time to think about tax. There are so many expenses that you incur throughout the[.....]